Q174
A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19% ?
A.
34%
B.
40%
AnswerC.
25%
D.
30%
Answer: Option B
Solution
Answer: Option B
Solution:
According to the question,
| Cost Price | : | Marked Price |
| (100 - Discount) | : | (100 + Profit) |
| 100 - 15 | : | 100 + 19 |
| 85 | : | 119 |
| 34 units more | ||